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Sriharsha Majety

Swiggy enters retail distribution market with Lynk acquisition

Consumer

13 July

Swiggy enters retail distribution market with Lynk acquisition

Food and groceries delivery aggregator Swiggy on Thursday said it will buy Lynk Logistics, a retail distribution company from listed ......

Swiggy's food delivery biz turns profitable, excluding ESOP costs: CEO

TMT

18 May

Swiggy's food delivery biz turns profitable, excluding ESOP costs: CEO

Foodtech unicorn Swiggy on Thursday said its food delivery business, which accounts for the majority of its revenue, has turned ......

Tortoise raises funds from Swiggy, ZestMoney chiefs

Finance

01 September

Tortoise raises funds from Swiggy, ZestMoney chiefs

Save-now-buy-later platform, Tortoise has raised an undisclosed amount of funding from Swiggy’s co-founder and chief executive officer (CEO) Sriharsha Majety ......

Swiggy to buy Times Internet-owned Dineout

TMT

13 May

Swiggy to buy Times Internet-owned Dineout

SoftBank-backed Swiggy agreed to acquire Times Internet-owned table booking platform Dineout in a deal valued at about $150 million, said ......

Swiggy's FY21 sales decline 27% as pandemic-induced lockdowns cripple demand

TMT

10 February

Swiggy's FY21 sales decline 27% as pandemic-induced lockdowns cripple demand

Foodtech platform Swiggy, operated by Bundl Technologies Pvt Ltd, has reported a 27% decline in its 2020-21 (FY21) operating revenue as Covid-19 induced lockdowns hit ......

Swiggy raises $700 mn from Invesco, others at $10.7 bn valuation

TMT

24 January

Swiggy raises $700 mn from Invesco, others at $10.7 bn valuation

Foodtech platform Swiggy, operated by Bundl Technologies Pvt Ltd, has raised $700 million in a funding round led by Invesco, ......

Our velocity of experimentation will be all-time high next year: Swiggy's Sriharsha Majety

Consumer

02 December

Our velocity of experimentation will be all-time high next year: Swiggy's Sriharsha Majety

Foodtech major, Swiggy, has had a turnaround in fortunes, as the company is set to raise another $700 million, after ......

Swiggy to invest $700 mn in express grocery business Instamart

TMT

02 December

Swiggy to invest $700 mn in express grocery business Instamart

Foodtech major, Swiggy, which is in midst of raising a larger funding round, said on Thursday it will invest $700 ......

Swiggy lays off 1,100 employees as lockdown saps food delivery business

TMT

18 May

Swiggy lays off 1,100 employees as lockdown saps food delivery business

Food delivery company Swiggy said on Monday it is laying off 1,100 employees as the coronavirus pandemic and a nationwide ......

Tencent gets a slice of Swiggy as Naspers leads $1 bn funding round

TMT

20 December

Tencent gets a slice of Swiggy as Naspers leads $1 bn funding round

Online food delivery startup Swiggy has raised $1 billion (just short of Rs 7,000 crore at current exchange rates) in ......